Cryptocurrency Q&A Which stablecoin is tied to gold?

Which stablecoin is tied to gold?

CherryBlossomFalling CherryBlossomFalling Mon Jan 13 2025 | 7 answers 1432
I'm interested in stablecoins, particularly the ones that are backed by gold. I want to know which stablecoin is tied to the value of gold, ensuring its stability and reducing volatility. Which stablecoin is tied to gold?

7 answers

Luigia Luigia Tue Jan 14 2025
XAUT stands as a unique digital asset in the cryptocurrency sphere.

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CryptoChieftain CryptoChieftain Tue Jan 14 2025
Each XAUT token issued represents a fractional ownership of gold.

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SsangyongSpirited SsangyongSpirited Tue Jan 14 2025
Issued by Tether, XAUT promises stability through a tangible backing.

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Valentina Valentina Tue Jan 14 2025
Specifically, one XAUT token equates to the ownership of one troy ounce of gold.

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DongdaemunTrendsetterStyleIcon DongdaemunTrendsetterStyleIcon Tue Jan 14 2025
The stablecoin is backed by physical gold, adding a layer of traditional value to the digital world.

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